Swanson,Inc What Is the Ending Balance in Finished Goods Inventory Using

Swanson,Inc.has collected the following data.(There are no beginning inventories.) $$\begin{array} { | l | r | } \hline \text { Units produced } & { 700 \text { units } } \\\hline \text { Sales price } & \$ 130 \text { per unit } \\\hline \text { Direct materials } & \$ 40 \text { per unit } \\\hline \text { Direct labor } & \$ 11 \text { per unit } \\\hline \text { Variable manufacturing overhead } & \$ 7 \text { per unit } \\\hline \text { Fixed manufacturing overhead } & \$ 17,100 \text { per year } \\\hline \text { Variable selling and administrative costs } & \$ 4 \text { per unit } \\\hline \text { Fixed selling and administrative costs } & \$ 14,000 \text { per year } \\\hline\end{array}$$ What is the ending balance in Finished Goods Inventory using absorption costing if 400 units are sold? (Round any intermediate calculations to the nearest cent,and your final answer to the nearest dollar.)

A) $7,329
B) $17,400
C) $31,929
D) $24,729